PPP PROJECTS
Extreme poverty in India down to 5.3% in 2022-23: World Bank
India witnessed a significant decline in extreme poverty, dropping from 27.1% in 2011-12 to 5.3% recently, even with the World Bank's revised poverty line of USD 3 per day. This reduction was supported by free and subsidized food transfers, narrowing the rural-urban poverty gap.
Navy to induct first anti-submarine warfare shallow water craft 'Arnala' at Vizag on Jun 18
The Indian Navy is set to commission 'Arnala,' the first of sixteen anti-submarine warfare shallow water craft, on June 18 at Naval Dockyard, Visakhapatnam. This warship, designed and constructed by Garden Reach Shipbuilders & Engineers, incorporates over 80% indigenous content and is equipped for subsurface surveillance, search and rescue, and low-intensity maritime operations, strengthening India's coastal defence.
Delhi govt plans to install water ATMs at public spaces through CSR initiative
The Delhi government is initiating a pilot project to install 20 water ATMs via CSR, addressing the scarcity of drinking water in public areas like markets and hospitals. These ATMs, equipped with purification and real-time monitoring, will be installed in PPP mode.
ADB ready to provide USD 4.5 bn loan annually to India
The Asian Development Bank (ADB) is prepared to offer India USD 4-4.5 billion in annual sovereign lending, along with approximately USD 1 billion in private sector financing. ADB's support aligns with India's Viksit Bharat 2047 vision, focusing on urban transformation, private sector development, and skills programs.
IndiGo to become first airline to take off from Navi Mumbai International Airport
IndiGo is set to begin flights from Navi Mumbai International Airport. The airline will operate 18 daily departures to 15 cities initially. Expansion plans include 79 daily departures by November 2025, and over 100 by March 2026. This partnership with Adani Airport Holdings aims to boost India's aviation sector.
India's economy may overtake Japan soon, but with caveats
India is projected to become the world’s fourth-largest economy by 2025, surpassing Japan, according to the IMF. This marks a major milestone, as the country climbs from 10th place in 2014 to 4th in just 11 years — a 105% nominal GDP growth during the period, with India becoming a $4 trillion economy.
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Global shortage: Higher pay, better perks lure Indian nurses abroad
Indian nurses are finding many job opportunities abroad. Developed countries need skilled nurses. Many nurses migrated overseas last year. Demand is expected to increase. Germany, Italy, and Japan are hiring many Indian nurses. Other countries like the UK, US, and Canada also need nurses. Indian nurses get better pay and quality of life abroad.
Andhra CM proposes 3 sub-groups of states to fast-track Viksit Bharat vision by 2047
Andhra Pradesh Chief Minister N Chandrababu Naidu proposed sub-groups of state governments to accelerate India's Viksit Bharat vision by 2047, emphasizing Andhra Pradesh's commitment to this national goal. Naidu highlighted the state's Swarna Andhra @2047 vision, integrating technology, welfare, and grassroots empowerment. Prime Minister Modi lauded Andhra Pradesh's growth blueprint, suggesting other states study its reforms.
India’s power transmission body flags regulatory hurdles in equipment procurement
India's power transmission sector faces critical bottlenecks in procuring HVDC equipment, essential for renewable energy transport, potentially hindering the nation's 2030 goals. A regulatory mismatch favors renewable energy developers, allowing unrestricted subcontracting, while transmission companies face restrictions, particularly concerning suppliers from countries sharing land borders with India, like China.
IRB Infrastructure Developers Q4 Results: Profit grows 14% to Rs 215 crore
IRB Infrastructure Developers Ltd on Monday posted 14 per cent growth in net profit at Rs 214.7 crore for March quarter FY25 driven by rise in revenue from operations.
Integrated AYUSH colleges to be set up in every division of UP: Adityanath
Uttar Pradesh Chief Minister Yogi Adityanath has mandated the establishment of integrated AYUSH colleges in every division, incorporating Ayurveda, Unani, and Homoeopathy on single campuses. He emphasized expanding AYUSH systems, mandating Naturopathy and Yoga Centres in institutions, and filling sanctioned posts promptly.
Major ports' cargo handling rises 4.3% to 855 MT in FY25; Paradip, Deendayal cross 150 MT
India's major ports experienced a 4.3% surge in cargo handling, reaching 855 million tonnes in FY 2024-25, fueled by container, fertilizer, and POL throughput. Paradip and Deendayal ports exceeded 150 MT, while JNPA achieved a record 7.3 million TEUs. Increased private investment and land allocation for industrialization signal strong confidence in port-led development.
After empty rhetoric, PPP chairman Bilawal Bhutto seeks peace with India
After empty rhetoric, Pakistan People's Party (PPP) chairman Bilawal Bhutto-Zardari has sought peace with India.
Vizhinjam seaport will bring economic stability, says PM Modi
Narendra Modi inaugurated the Vizhinjam International Seaport. He said its capacity would triple. Modi highlighted that India lost revenue due to foreign transshipment. He emphasized that Indian money would now benefit India. He praised the PPP model for port development. Modi noted the collaboration between the Adani Group and the Kerala government.
Delhi Airport's air train project to link terminals hits roadblock, draws only one bid
Delhi Airport's ambition to become a major aviation hub faces hurdles as its air train project, intended to link terminals, received only one expression of interest. Concerns over long-term cost recovery within the existing concession period and the lack of guarantees beyond 2036 have discouraged potential bidders.
Coldplay concert in Ahmedabad generated economic impact of Rs 641 crore
A Coldplay concert in Ahmedabad generated a Rs 641 crore economic impact, including Rs 392 crore direct infusion, showcasing the potential of India's concert economy. The event drew attendees from across India, boosting tourism and reshaping perceptions of Ahmedabad as a cultural destination. The report highlights the need for Public-Private Partnerships to streamline event approvals and infrastructure development.
Tell him to get his mental condition checked: Union Minister Hardeep Puri slams Bilawal Bhutto Zardari
His comments came amid heightened tensions after the April 22 terror attack in Jammu and Kashmir's Pahalgam, which claimed 26 lives and prompted India to suspend the Indus Waters Treaty, leading Bhutto to resort to empty rhetoric.
Bilawal Bhutto warns of conflict as India suspends Indus Waters Treaty after Pahalgam attack
Former Pakistan foreign minister Bilawal Bhutto-Zardari has issued a warning to India following New Delhi’s formal suspension of the Indus Waters Treaty. Standing beside the Indus River, Bhutto declared, “Either water will flow… or their blood will.” India’s move follows the deadly Pahalgam terror attack, blamed on a Pakistan-based group. The treaty’s suspension, which affects the water supply to 80% of Pakistan’s farmland, has ignited a political and diplomatic storm across both nations, fuelling fears of a deeper escalation.
India pulled the plug on IWT when Pakistanis are fighting over water
Following the Pahalgam terror attack, India suspended the Indus Water Treaty, a move that could exacerbate existing water disputes within Pakistan. Sindh is already protesting water diversion to Punjab, a project backed by the army chief. India's suspension threatens to further reduce Pakistan's water supply, potentially fueling internal conflict and heightening tensions, with Pakistan warning of retaliation.
Delhi to convert old buses into shops at ISBT terminals at Kashmere Gate, Anand Vihar and Sarai Kale Khan
The Delhi government plans to convert old DTC buses into shops at major ISBTs like Kashmere Gate, Anand Vihar, and Sarai Kale Khan via a PPP model. This initiative aims to boost local businesses and provide convenient retail options, especially food and drinks, for travelers. Redevelopment plans for these terminals include modern amenities and mixed-use spaces.
Govt set to earn big from Kedarnath Ropeway as preferred bidder Adani offers 42% revenue share
The government is poised to gain revenue without investment from the Sonprayag-Kedarnath ropeway project, awarded to Adani Enterprises. The project, costing ₹4,081 crore, will drastically cut travel time to 36 minutes and is expected to carry 18,000 pilgrims daily. Adani Enterprises will share 42% of revenue with NHLML. A similar ropeway project for Hemkund Sahib is also underway.
Government plans to take up 50 airport development projects in 5 years
India's aviation sector is set for a major boost with government plans to undertake 50 airport development projects in the next five years, including new constructions and significant upgrades to existing facilities. Civil Aviation Secretary Vumlunmang Vualnam highlighted the focus on Public Private Partnerships and a streamlined land acquisition process.
Ready to buy stocks after Trump tariff shook the market? Here are 20 top picks
Following market volatility due to tariff concerns, analysts suggest focusing on domestic-oriented sectors like banking, power, and healthcare. India's lower export dependency and resilient macro setup offer a safe haven. Experts recommend a diversified portfolio with stocks like Reliance, TVS Motor, and ICICI Bank, anticipating growth and outperformance in a post-tariff environment.
Andhra kicks off Rs 65,000 cr Amaravati project, PM invited for ground-breaking
Work has recommenced on the Rs 65,000 crore Amaravati city project, envisioned as Andhra Pradesh's new capital. Inspired by global cities, the project aims to attract skilled migrants and businesses, with a focus on creating a vibrant and sustainable urban hub. The first phase includes infrastructure development, housing, and educational institutions, with completion expected over the next three years.
How strategic private investments can power India’s logistics transformation
Achieving ambitious targets like expanding the National Highway Network and boosting port efficiency requires stronger private investment and innovative operating models, supported by stable policies.
N Chandrababu Naidu's dream project of Amaravati Capital City takes off, finally
Andhra Pradesh's ambitious capital city, Amaravati, is gaining momentum with ₹37,702 crore worth of projects underway. Prime Minister Modi is expected to lay the foundation stone, marking the re-initiation of Naidu's sustainable greenfield city plan. The city, designed with Singapore's help, will feature seven sub-cities and is receiving substantial financial backing from various institutions.
Railways draws up new PPP policy
Indian Railways is set to introduce a revised public-private partnership policy. Around fifty projects have been identified for investment. The Union cabinet will soon consider the new framework. The policy aims to minimize revenue risks for the railways. It will encourage private participation in railway projects. The focus is on projects with high return rates like port connectivity.
National Highways Toll collection: Uttar Pradesh tops list with Rs 7,060 cr revenue
Uttar Pradesh leads in toll revenue collection on National Highways for FY 2024-25, with Rs 7,060 crore, followed by Rajasthan and Maharashtra. The government is implementing an Electronic Toll Collection System and exploring an Annual Pass concept. Private investment in National Highways reached Rs 34,805 crore in 2023-24, up from Rs 19,232 crore in 2014-15.
Finance ministry empanels 12 transaction advisers for assisting in implementation of PPP projects
The latest initiative requires that at the Central, State, and Local government level, Project Sponsoring Authorities have access to quality advisory support for viable PPP transactions, the finance ministry said. There has been demands from the state governments and its agencies for an enabling framework to eliminate delays in appointment of transaction advisors/ consultants for preparing a shelf of bankable projects.
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